Ivan Filipovic

There has been significant press around Self Managed Superannuation Funds (“SMSF”) and Australian Property investment recently. It is arguable that every bank is jumping on the SMSF Property bandwagon with every bank now marketing a SMSF loan product. Regardless of whether you choose to use a third-party loan, a related party loan, or a combination…

Many self-managed superannuation fund (“SMSF”) investors who borrow through their SMSF (SMSF loan) ask the question of what constitutes a “single acquirable asset”. SMSFR 2012/1 released by the ATO provides 15 examples of what constitutes a single acquirable asset. Under limited recourse borrowing (“LRBA”) rules, SMSFs are required to enter a separate lending arrangement for…

Almost on a daily basis, we would be able to see articles from either web or newspapers written onthe topic of investing in Commercial Property using Self Managed Superannuation Funds (“SMSF”), which may not be a surprise as there is clearly an upside of benefits embedded in such an option. And an increasing number of…

Self-managed super funds (“SMSF”) are the fastest growing part of Australia’s superannuation industry and are the preferred vehicle for professionals and business entrepreneurs. Australia’s Superannuation Industry is worth $1.6 billion dollars with over $550 billion represented by SMSFs. There is incredible growth in SMSFs for the following reasons: Control Tax effectiveness Potential cost savings Flexibility…

Once you set up a SMSF with Redwood Advisory, a key question is how much can I contribute to the SMSF. Super contributions fall into two categories: 1) Concessional Contributions: These are contributions where the person putting the money into the fund is claiming a tax deduction (concessional). They include: Contributions made by your employer…

The Redwood Advisory promise is to make taking control of your super easy through your SMSF. A key part of the SMSF establishment process is opening your Self Managed Superannuation Fund (“SMSF”) bank account. This article will highlight the key steps in the process to ensure your bank account opening process is smooth with no…

The Redwood Advisory promise is to make taking control of your super easy through your SMSF. A key part of the SMSF establishment process is rolling over your superannuation balance from your industry/ employer sponsored fund (i.e. Australian Super/ MLC etc.) to your Self Managed Superannuation Fund (“SMSF”). This article will highlight the key steps…

The Redwood Advisory promise is to make taking control of your super easy through your SMSF. This article will highlight the key steps in setting up your SMSF to ensure it is smooth with no surprises. Steps to set up your SMSF: Contact Redwood Advisory – SMSF specialists on 1300 790 110 or www.redwoodadvisory.com.au Complete…

The Redwood Advisory promise is to make taking control of your super easy through your SMSF. This article will highlight the keyconsiderations/ rules of witdrawing your benefits from an SMSF. A rule of thumb is that except in a special set of defined circumstances, such as severe financial hardship or permanent incapacity, you cannot withdraw…

The ATO has recently issued two private binding rulings which broadly accepts that a SMSF can borrow from a related party at a 0% interest rate when investing in a geared fund asset – albeit a cautious approach should still be applied in my opinion. http://ato.gov.au/rba/content/?ffi=/misc/rba/content/1012414213139.htm http://ato.gov.au/rba/content/?ffi=/misc/rba/content/1012396819768.htm

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Redwood is a specialist SMSF, Property and Finance provider that assists Australian's purchase property as an investment. We take the headaches out of investing in property. We are based in Melbourne and service Australia wide.

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